July 22, 2020
I appreciate that the SEC reviews its standards and rules in an effort to have them continue to be relevant to todays world. The proposed reporting threshold for institutional investment managers will not be an improvement and nullifies the intent of the reporting standard. Please reconsider this proposal. One of the SEC values is
We Inform and Protect Investors. This proposed new threshold is a step back from protecting and informing investors. Please reconsider this proposal, and to be clear, drop the proposed change. Thank you